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An illegal choice has been detected. Please contact the site administrator.1 . Military Aviation Market Research Reports, Analysis & Trends
Military aviation industry comprises companies/ firms that operate by manufacturing, designing, producing and supplying of complete military aviation related products such as aircraft, space vehicles, carriers, missiles, and all the components and associated parts. This industry also manufactures certain prototypes of aerospace related products such as convert aircraft, aircraft propulsion systems overhaul and rebuilding and periodic restoration of aircraft to original design specifications. The aviation and aerospace industries engage in collaborated work that cater in terms of operations, flight and flight management of passenger, commercial and military and government aircraft. Basically, aerospace industry designs, engineers, develops, tests and eventually manufactures aircraft for purposes and consumers from civilian airlines, commercial, surveillance, law enforcement and military. In addition, the aerospace industry is responsible for manufacturing and development of the vehicles or aircraft that are capable of leaving the earth's atmosphere such as space shuttles, rockets, high-altitude aircraft, and satellites that are used for various purposes. Aerospace manufacturing creates many high technology products, including, aircraft, aircraft engines, guided missiles, propulsion units, and space vehicles. The largest consumers of aerospace and aircraft technology in the US are the Department of Defense and the NASA.
2 . Military Aviation Current Trends
Military aviation across the globe is on a brink of growth and thriving force of revenue collection that surpasses every year in the history. The global military aircraft industry is anticipated to experience moderate declines in North America and Europe through 2014 due to budget cuts announced for the period. Conversely, Asia is expected to drive the industry by increasing defense expenditures from emerging economies such as India, China, and some Middle East countries. Industry revenue is forecast to reach an estimated US $60 billion in 2017 with a CAGR 0.22% over the next five years. The global military aircraft industry comprises manufacturers and suppliers of military protective combat aircraft and non-combat aircraft. The industry is highly consolidated in terms of suppliers as well as buyers, and is highly dependent on government spending. North America dominates this industry, which is dominated by defense expenditures for multi-year aircraft programs collaborated on by different groups of nations.
Traditionally, North America and Europe accounted for around 80% of global defense spending. However, the global economic downturn, US economic crisis, and European debt crisis are expected to negatively impact the defense spending and lead to defense budget cuts. As a consequence, the allocation for military aircraft is not expected to grow significantly during the forecast period owing to financial constraints faced by most of the leading defense spenders. For example, the US, the largest defense spender, announced defense budget cuts of US$178 billion between 2011 and 2015. As a result, the US government cancelled its C-17 transport aircraft project in 2010, which resulted in an estimated $3 billion savings. In January 2011, the German government decided to cut orders for A400M military transport aircraft from 60 to 53 aircraft and is also planning to sell 13 aircraft to foreign customers. Aircraft such as the F-35 and F-22 require large amounts of on-board electrical power. Power demand has been rising sharply, especially for military platforms. Associated with this trend is an increased need for efficient power conversion and distribution, and thermal management systems. High power electrical systems on aircraft flying at high-speed and high altitude present unique thermal challenges both at the application and system level.
3 . Military Aviation Industry Players
Major players in the military aviation industry include BAE Systems, Northrop Grumman, Elbit Systems, UAC, EADS, Rolls Royce, Honeywell International, Lockheed Martin, Boeing, SAAB, and Thales.
1 . How MarketResearchReports.com Can Help You Find the Right Report(s)?
Military Aviation Industry Overall Growth Forecast
We offer syndicated/off-the-shelf and custom market research reports covering Military Aviation industry. These reports are designed to provide a wholistic view of the global Military Aviation industry.
The major growth forecast covered are:
- Military Aviation Industry CAGR % Growth Forecast for 2022-2028
- Military Aviation Industry Value Growth Forecast for 2022-2028
- Military Aviation Industry Key Companies Growth Forecast for 2022-2028
Search all reports related to the Military Aviation Industry
Military Aviation Industry Regional Data Coverage
The reports offered by us provide deep regional data for Military Aviation industry. This information is designed to help decision makers identify the key growth markets of Military Aviation industry and prepare their business strategy accordingly.
The major regional data covered are:
- Military Aviation Industry Region-Wise Growth Trends
- Military Aviation Industry Key Country Growth Opportunities
- Military Aviation Industry Focus on Most Important Markets
Military Aviation Industry Trends Analysis
The reports covering Military Aviation industry offer trends analysis of various types. These include overall key growth opportunities in global Military Aviation industry.
The major trends and analysis covered are:
- Military Aviation Industry Key Player Profiles
- Military Aviation Industry SWOT Analysis
- Military Aviation Industry Growth Drivers and Challenges
2 . Latest Market Research Reports on Military Aviation Industry
Below mentioned is the list of reports available for on Military Aviation industry. If you are not able to locate the correct report, please use the search option available on top of this page to search for the right report. You can also chat with us using the online chat system facility available at the bottom right corner of this page. You can also send your requirements using the contact form.
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